Page 81 - Cb News Today

MCB's Earnings Highlight Resilience with Increased Deposits and Net Loans

See Detroit Mercy vs Robert Morris consensus picks and bet percentages for the point spread and Over/Under on January 17.

The EUR/USD pair remains under some selling pressure for the second straight day on Wednesday and drops to its lowest level since December 13, closer to mid-1.0800s, or the 200-day Simple Moving Average (SMA) during the early European session.

See Iowa State vs Brigham Young consensus picks and bet percentages for the point spread and Over/Under on January 16.

See Lehigh vs Navy consensus picks and bet percentages for the point spread and Over/Under on January 17.

The EUR/JPY pair has found an intermediate resistance near 161.00 in the European session.

In a busy week for European Central Bank speakers, today sees ECB President Christine Lagarde speak twice.

European Central Bank president Christine Lagarde said the central bank is likely to cut interest rates this summer.

Further reduction of bets on an interest rate cut by the Fed in March propelled the USD Index (DXY) to a new yearly high and aligned with the extra narrative suggesting the ECB could wait until the summer to trim its rates, which eventually appears to have bolstered the late bounce in the single currency.

The EUR/USD pair trades weaker for the fourth consecutive day during the early Asian session on Tuesday.